Friday's News Links

[CNBC] Stocks rebound after sell-off but remain on pace for weekly decline: Live updates

[Yahoo/Reuters] Oil set for second weekly gain as US ramps up pressure on Iran

[Yahoo/Reuters] Global stocks set for biggest weekly fall since mid-July, dollar on the defensive

[CNBC] Gold rebounds as bond jitters, debt fears and weaker dollar revive bullion demand

[CNBC] ‘Perfect storm’ brews for global food supply this winter as grain prices soar

[AP] Why Treasury Secretary Bessent’s moves to calm the bond market haven’t worked so far

[CNBC] Japan’s historic yen intervention has ‘turbo-charged’ the carry trade

[Reuters] US Treasury buyback strategy falls short as debt worries persist

[CNBC] U.S. bond intervention is like ‘paying your mortgage with your credit card,’ JPMorgan’s Sullivan says 

[Axios] America's capital crunch: Soaring debt collides with AI spending spree

[Yahoo/Reuters] Analysis-US corporate AI debt surge tests investor limits as fatigue emerges

[Axios] Oil markets are tuning out Trump's "truths"

[Yahoo/Bloomberg] BofA's Hartnett Sees Pressure on Risk Assets If Bond Plan Fails

[AP] Live updates: Trump warns of ‘economic D-Day’ against Iran days before six-month mark of war

[Reuters] US says it will impose 'toughest sanctions in history' on Iran

[Reuters] Iran vows 'devastating' response to US threat to cut off its economic lifelines

[CNBC] AI data center outrage is showing up everywhere from ads to elections

[Yahoo/Bloomberg] Tricolor Fallout Fuels Boom in Business for Collateral Checkers

[Yahoo/Reuters] Euro zone business activity growing at fastest pace since November, PMIs show

[Yahoo/Reuters] Japan's core inflation accelerates in July, bolsters case for rate hike

[Politico] The drone war is coming for global shipping

[Bloomberg] Authers: Bessent Must Envy When the Grownups Were in Charge

[Bloomberg] It Didn't Take Long for the White House to Undermine the Fed

[Bloomberg] China Plans New Fiscal Support Policies Soon Amid Slowdown

[Bloomberg] Japan’s Upcoming Budget Requests in Spotlight Amid Fiscal Fears

[NYT] The Message Behind Trump’s Threats of ‘Economic Warfare’ Against Iran

[NYT] Iran Must Plan to Overcome ‘Unjust’ U.S. Sanctions, Top Tehran Official Says

[NYT] 2 Hijackings in 4 Days: Somali Piracy Rises

[WSJ] Politicians Turn Against Data Centers as Anger Over AI Spreads

[WSJ] Is America Still Capable of Enforcing the World Order?

[FT] Scott Bessent takes on bond vigilantes in $32tn Treasury market

[FT] How money-market funds are providing stock market rocket fuel

[FT] What is Jane Street?

[FT] Bitcoin and gold surge as Bessent’s bond market intervention weighs on dollar

Monday Evening Links

[CNBC] Stock futures are little changed after a steep sell-off sparked by a move back higher in Treasury yields: Live updates

[Yahoo/Reuters] US Treasury buyback strategy falls short as debt worries persist

[Axios] Fed and Treasury appear at odds when it comes to the markets

[CNBC] Warsh faces Fed independence test as Bessent moves in on central bank’s turf

[Politico] Romanian jet blasts drone near offshore gas platform, president blames Moscow

[Bloomberg] Trump Risks China Blowback With Plan to Isolate Iran’s Economy

[NYT] How the A.I. Borrowing Binge Helps Drive Up Government Bond Yields

[FT] What is Scott Bessent doing with the $32tn Treasury market — and will it work?

Thursday Afternoon Links

[Reuters] Wall St hits two-week lows as rising bond yields, Walmart results drag

[AP] Pressure builds anew in the bond market as Walmart drags the US stock market lower

[Yahoo/Reuters] Oil hits more than three-week high as Trump tries to raise pressure on Iran

[Yahoo/Bloomberg] Bessent Says Buybacks May Be More Than $4 Billion Per Issue

[Yahoo/Bloomberg] Bessent to Detail US Plans to Isolate Iran’s Economy on Monday

[Bloomberg] Bessent’s Treasury Twist Clouds Warsh’s Plea to ‘Play the Ball’

[Bloomberg] Anthropic Expects to Match SpaceX’s Record IPO Size or Top It

[Bloomberg] Private Credit Makes a Big Pivot as Direct Lending Funds Shrink

[Bloomberg] US Housing Affordability Gauge Worsens for First Time Since 2023

[NYT] Treasury Turns to Interventionist Tactics to Lower Interest Rates

[FT] Quant hedge funds suffer worst day in 2 years as Treasury boosts buyback and Moderna shares leap

[FT] The US Treasury is buying long bonds, but not very many